Oasis Institute

Analysis

Oasis Institute is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in September 2001, 25 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3).

In the financial year ending December 2023, Oasis Institute reported income of $586k and spending of $740k, spending 126% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $672k to $586k (-13%), an average of -3.4% a year. The sharpest change came in the year to December 2021, when income rose by 25%. Over the whole period it spent 108% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Oasis Institute sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 71st percentile within NM. Charities of a similar size with the same main cause include Memphis Chapter for Preservation of Tennessee Antiquities ($586k), Lamoille Community House Inc ($586k) and Los Alamitos High School Band Boosters Inc ($586k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 48% of the total. Compensation of current officers, directors and key employees was $95k (13% of expenses). Other salaries and wages came to $225k. At year end it held assets of $693k against liabilities of $299k, net assets of $394k. It reported 9 employees.